First National Bank
CONSTRUCTION
Construction confidence at four-year high – index
Market confidence in the construction sector is at a four-year high on the back of restored profitability, despite decreased growth in overall construction activity and a prolonged period of intense margin pressure, reports a civil confidence...By: Natalie Greve
19 Apr 13
Money Transfer
Money-transfer industry growing across Africa
Money transfer company MoneyGram says Africa has the potential to become one of the world’s most important remittance hotspots, if current growth trends continue.By: Joanne Taylor
05 Apr 13
AGRICULTURE
SA agricultural sector still good for investment - FNB
Despite the challenges facing South Africa’s agricultural sector, its outlook remained positive, confirming it as a desired investment destination for banking firm First National Bank (FNB), agriculture information and marketing head Jan van Zyl...13 Feb 13
TRADE
Tanzania-based trading firm secures $100m RMB loan
The trading arm of Mohammed Enterprises Tanzania has secured a $100-million loan facility from a consortium of banking groups. Rand Merchant Bank (RMB) partnered with China Construction Bank, Citibank and Nedbank to originate, arrange and...24 Jan 13
CONSTRUCTION
Civil construction confidence slows in Q4
Confidence in the civil construction sector fell six index points during the fourth quarter of 2012 on the back of low levels of profitability and increased competition, the latest First National Bank (FNB) and the Bureau of Economic Research...By: Natasha Odendaal
18 Jan 13
CASH-IN-TRANSIT
Cash-in-transit heists continuing to decline
The decline in cash-in-transit heists is continuing its positive trend, says SBV CEO Grant Dunnington. “Our statistics show cash heists in South Africa have declined from 315 in 2010, to 215 in 2011, with the number at 123 to the end of August...By: Irma Venter
09 Nov 12
CONSTRUCTION
Civil construction confidence highest in three years
Confidence in the civil construction industry reached a three-year high during the third quarter of 2012, the latest First National Bank (FNB) and the Bureau of Economic Research (BER) construction confidence index found on Tuesday. The FNB/BER...By: Natasha Odendaal
16 Oct 12
CASH TRANSPORT
Cash-in-transit heists declining, industry to see some casualties
The decline in cash-in-transit heists is continuing its positive trend, says SBV CEO Grant Dunnington. “Our statistics show cash heists in South Africa have declined from 315 in 2010, to 215 in 2011, with the number at 123 to the end of August...By: Irma Venter
11 Oct 12
BUILDING CONFIDENCE
Building confidence dips, demand for new work remains weak
The momentum of recovery in the building industry remained hesitant, despite an uptick in activity in the third quarter, First National Bank (FNB), which compiles a building confidence index with the Bureau for Economic Research (BER), reported on...10 Sep 12
ECONOMY
Western Cape confidence higher than rest of SA
Business, wholesale and manufacturing confidence in the Western Cape is higher than that of the remainder of South Africa, a new report, released by the Bureau for Economic Research (BER) on Thursday, has found. The second-quarter economic report...By: Natasha Odendaal
26 Jul 12
TELECOMS
Rapid increase in mobile Internet users in SA
The average cellphone user is spending increasingly more of their monthly average spend on data, signalling a rapid increase in the number of mobile Internet users in South Africa, a new report by World Wide Worx has found. In the ‘Mobility...By: Natasha Odendaal
25 Jul 12
Housing
Raising affordable-housing lending constrained by supply deficit
The extent to which prominent lenders can issue loans to individuals entering the affordable housing market is being restrained by the lack of affordable housing developments in South Africa.By: Natalie Greve
06 Jul 12
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